Iran, Israel
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The U.S. economy’s reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist David Seif.
As the Israel-Iran conflict threatens key shipping lanes like the Strait of Hormuz and Red Sea, the Indian government will meet shipping and trade stakeholders to evaluate risks to exports, rising freight costs,
Ansid Capital's Anurag Singh predicts stable oil prices between $60 and $90 for the next four years. He believes the US administration will maintain oil flow. Singh also addresses market concerns regarding geopolitical tensions.
Nigeria would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term.
The Centre for the Promotion of Private Enterprise, CPPE, has outlined both the risks and possible benefits the escalating conflict between Israel and
The IAEA chief Rafael Grossi confirmed possible radiological and chemical contamination at Irans Natanz nuclear site after Israeli strikes, though radiation levels outside remain normal. Uranium hexafluoride gas inside poses major risks if inhaled.
Israel bombarded Tehran, the Iranian capital, with a new wave of strikes on Sunday afternoon, as both sides dismissed international calls to de-escalate the conflict and warned of more to come in a clash that is rapidly expanding in scope and intensity.
Israel has warned of more attacks on Iran after Tehran fired waves of missiles and drones that killed three people and wounded dozens in Israel. Iran was retaliating for a series of blistering